The bankruptcy of Redbox’s parent company came after months of chaos, cash crunch, and corporate upheaval.
  • partial_accumen@lemmy.worldEnglish
    5·
    9 days ago

    I was thinking about why I stopped using Redbox and found it cited in the article:

    “With theaters shut down, productions put on hold, and consumers cooped up at home, Hollywood scrambled. Major studios threw out their release schedule and prioritized their own streaming ventures. Disney postponed the theatrical release of Mulan for months, only to eventually take it directly to Disney Plus. Warner Bros. released all of its 2021 movies on HBO Max.”

    Redbox used to be a cheap way to see a new release that I wasn’t willing to spend a movie theater ticket on, but didn’t want to wait for it to end up in a back catalog in a streaming service. The studios fixed this problem for me, and I didn’t really need Redbox anymore.